Today
Adamanetem signs $70 million debt deal for Legend Corp
The $70 million debt facility was refinanced by existing lenders: HSBC, Westpac and Metrics Credit Partners.
- 1 hr ago
- Sarah Thompson, Kanika Sood and Emma Rapaport
Traders finger ‘pre-hedging’ in ANZ bond probe
Fixed income traders say pre-hedging is “a grey area” riddled with inherent conflicts of interest. ASIC has already targeted Westpac over the practice in swap markets.
- James Eyers and Cecile Lefort
Greenhill’s banking arm logs $12m profit as Mizuho deal settles
The investment bank had avoided filing its accounts, but an $836 million acquisition by the Japanese lender morphs the business into a larger advisory firm.
- Aaron Weinman
Yesterday
Directors welcome ‘no change’ report on disclosure laws
A review of continuous disclosure laws says the end of the no-fault regime for class actions has had no impact on “meritorious” claims
- Michael Pelly
This Month
Jinding’s funds management team strikes out on its own
The rebranded group will run as an alternative fund manager and continue to invest in Jinding’s $2 billion pipeline.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Puljich family sells eight land-lease assets; Highbury on ticket
Street Talk understands Living Gems has struck a deal to sell eight land-lease communities to Avid Property Group, which owns a portfolio of 45 developments.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Analysis
- Greensill Capital
Why this Trump acolyte is key to finding some of Greensill’s billions
The fight to recover funds owed to Credit Suisse clients has landed with West Virginia coal baron and senate hopeful Jim Justice and a small Virginia bank.
- Updated
- Owen Walker and Joshua Franklin
MYOB’s Slate Super sale in the offing
Street Talk understands the Flare HR-controlled fund, which put its exit plans into gear in 2022, has turned the process over to the trustee.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Suitors scurry for Evergreen Consulting controlling stake
Street Talk understands the founder and company director Angela Ashton has been approached by several parties trying to coax away her large position in the privately-held company.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Opinion
- Chanticleer
How Rio Tinto executives can get paid more this year
Rio Tinto has made a step-change to executive remuneration. Bonus payments could increase materially, but not for the usual reasons.
- Updated
- Anthony Macdonald
PM’s pension now in the hands of Stephen Jones
Five still-serving Labor parliamentarians will have their pension schemes tweaked by the financial services minister. As will all the nation’s senior judges.
- Updated
- Myriam Robin
Perpetual’s Greg Cooper knows KKR well
Perpetual’s now deputy-chairman is a distant relative on the KKR family tree.
- Updated
- Myriam Robin
KKR’s MYOB refinancing drags while bolt-on payday looms
The private equity giant is still to pin down a price and structure to its liking, leading to questions on whether it would press ahead or park the big-ticket refinancing.
- Sarah Thompson, Kanika Sood and Emma Rapaport
Cleaning up! Private equity shoot-out tipped for Colinton’s Dimeo
While there’s no certainty a deal will be signed, it’s a credible turn-out for Colinton Capital Partners.
- Sarah Thompson, Kanika Sood and Emma Rapaport
ANZ confirms investigation of its government bond sale
ANZ said is “co-operating fully” with ASIC as it investigates “suspected contraventions” of the Corporations Act relating to a government bond sale last year.
- James Eyers
Partners Group to restart Guardian sale after childcare review
The Swiss private equity firm expects deals to ramp up in the second half, and primed its early learning business to be the first off the block.
- Aaron Weinman
East coast’s No.1 equipment hire biz Orange Hire set to change hands
Orange Hire’s EBITDA shot up from about $18 million at the time of Arcadia’s arrival in late 2020 to $30 million-plus.
- Sarah Thompson, Kanika Sood and Emma Rapaport
- Exclusive
- Regulation
ASIC investigates ANZ over Treasury trades
The corporate regulator acted after receiving a complaint from the Australian Office of Financial Management, which raises government debt, sources said.
- Aaron Patrick
ANZ wants to revisit Bank@Post deal amid scrutiny of branch closures
It is the only major bank not to allow customers to access services through Australia Post. Rural branch closures will be a focus of a Senate report this week.
- James Eyers
- Opinion
- Chanticleer
PEXA’s offshore venture shows much-needed proof of life
Going global has brought plenty of successful Australian businesses undone. This unheralded tech unicorn needed proof it was making headway – and it found some 10 days ago.
- Anthony Macdonald
